The Bureau of Labor Statistics Reported in 2005 That There

question 314

Multiple Choice

The Bureau of Labor Statistics reported in 2005 that there were 53.23 million people over age 25 who had at least a bachelor's degree, 40.59 million of whom were employed and 0.98 million of whom were unemployed. What were the labor-force participation rate and the unemployment rate for this group?

• A) 76.3% and 1.8%
• B) 76.3% and 2.4%
• C) 78.1% and 1.8%
• D) 78.1% and 2.4%

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Definitions:

Noncash Financing

Noncash financing activities are financial transactions that do not involve the physical flow of cash, such as issuing stock to purchase an asset or converting debt to equity.

Investing Activities

Investing activities are financial transactions related to the acquisition or sale of long-term assets or investments not related to the core business operations.

Financing Activities

Transactions and events affecting the equity and debt of the company, usually related to borrowing, repaying, and issuing equity.

Noncash Investing

Investment activities that do not involve the immediate outlay of cash, such as the exchange of one asset for another.